You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

STA Journals

edited Aug 21, 2019 7:32AM in General Ledger & Intercompany 1 comment

Summary

STAT Journals

Content

Hi

 

I have a question regarding stat journals to be used for Mass Allocations in Oracle GL Fusion.

 

I created a Journals for Ledger: US CORP which has functional currency: USD.

 

I created the journal with currency as STAT

 

Now when i post the journal, i can see the accounted_dr and cr are in USD and entered_dr and cr are in STAT.

 

Does it imply that journals in STAT currency will also affect Trial Balance ?

 

My understanding was that journals in STAT currency doesn't affect your GL balances in the functional currency. Let' say if i create a STAT journal to record the headcount, why should it be affecting the Trial Balance ?

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!